Join Fund Library now and get free access to personalized features to help you manage your investments.

Add to My Watchlist

European Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021

Click for more information on Fundata’s FundGrade

NAVPS
(04-15-2024)
$20.81
Change
-$0.05 (-0.26%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
Loading...

Legend

CIBC European Equity Fund Class A

Compare Options


Fund Returns

Inception Return (December 11, 1995): 4.39%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.00% 0.47% -1.21% 5.59% 4.96% 2.23% 1.54% 7.70% 5.18% 5.26% 6.49% 5.41% 4.27% 4.96%
Benchmark 3.63% 7.29% 17.28% 7.29% 14.30% 11.36% 8.05% 13.27% 8.07% 6.59% 7.35% 7.94% 6.40% 6.69%
Category Average 2.61% 15.55% 15.55% 5.64% 12.75% 8.91% 4.30% 10.68% 5.21% 3.89% 4.68% 4.89% 4.14% 4.29%
Category Rank 73 / 112 70 / 112 100 / 112 70 / 112 112 / 112 108 / 112 92 / 111 101 / 109 72 / 109 42 / 102 31 / 95 41 / 82 40 / 78 27 / 70
Quartile Ranking 3 3 4 3 4 4 4 4 3 2 2 2 3 2

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 3.31% -5.08% 1.40% 0.63% -1.82% -4.58% -1.21% 5.74% 1.52% 0.47% 3.03% 2.00%
Benchmark 4.33% -5.65% 2.01% 2.73% -1.44% -4.13% -1.41% 7.87% 2.78% 0.64% 2.87% 3.63%

Best Monthly Return Since Inception

10.82% (January 2015)

Worst Monthly Return Since Inception

-13.30% (September 2002)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -0.08% 22.60% -18.11% 20.70% -1.24% 21.38% 10.31% 13.00% -18.95% 7.58%
Benchmark 3.06% 17.20% -3.54% 18.15% -7.68% 19.54% 3.59% 15.26% -10.82% 17.51%
Category Average -0.81% 17.33% -5.77% 14.98% -9.04% 15.21% 3.84% 11.84% -15.77% 16.91%
Quartile Ranking 3 2 4 1 1 1 2 2 4 4
Category Rank 37/ 68 20/ 78 81/ 82 13/ 93 19/ 101 23/ 106 41/ 109 51/ 111 91/ 112 112/ 112

Best Calendar Return (Last 10 years)

22.60% (2015)

Worst Calendar Return (Last 10 years)

-18.95% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 96.13
Cash and Equivalents 2.80
US Equity 1.07

Sector Allocation

Sector Allocation
Name Percent
Healthcare 15.17
Technology 14.94
Consumer Goods 14.84
Financial Services 12.93
Industrial Services 8.72
Other 33.40

Geographic Allocation

Geographic Allocation
Name Percent
Europe 95.70
North America 3.80
Asia 0.50

Top Holdings

Top Holdings
Name Percent
Novo Nordisk A/S Cl B 4.99
Nestle SA Cl N 4.32
ASML Holding NV 3.91
Safran SA 3.84
Sap SE 3.60
L'Air Liquide SA 3.36
Schneider Electric SE 3.29
LVMH Moet Hennessy Louis Vuitton SE 3.24
London Stock Exchange Group PLC 3.17
AstraZeneca PLC 3.11

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

CIBC European Equity Fund Class A

Median

Other - European Equity

3 Yr Annualized

Standard Deviation 15.09% 14.75% 13.79%
Beta 0.98% 0.90% 0.94%
Alpha -0.06% -0.02% -0.01%
Rsquared 0.93% 0.89% 0.87%
Sharpe 0.00% 0.29% 0.32%
Sortino -0.03% 0.30% 0.29%
Treynor 0.00% 0.05% 0.05%
Tax Efficiency 49.20% 77.70% 86.97%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.01% 15.09% 14.75% 13.79%
Beta 0.82% 0.98% 0.90% 0.94%
Alpha -0.06% -0.06% -0.02% -0.01%
Rsquared 0.96% 0.93% 0.89% 0.87%
Sharpe 0.06% 0.00% 0.29% 0.32%
Sortino 0.32% -0.03% 0.30% 0.29%
Treynor 0.01% 0.00% 0.05% 0.05%
Tax Efficiency 100.00% 49.20% 77.70% 86.97%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date December 11, 1995
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $469

Fund Codes

FundServ Code Load Code Sales Status
CIB494

Investment Objectives

To provide long-term growth through capital appreciation by investing primarily in equity securities of medium to large companies, located in select member countries of the European Union, as well as securities of companies in other European countries with established stock exchanges, and in less developed European countries.

Investment Strategy

To achieve its investment objectives, the Fund: focuses on industries that have generated consistent and predictable, above-average earnings by investing in securities such as common shares, preferred shares, convertible bonds, and warrants; may use derivatives such as options, futures, forward contracts, swaps, and other similar instruments, in a manner considered appropriate to achieving the Fund’s investment objectives. Derivatives may be used for hedging and non-hedging purposes.

Portfolio Manager(s)

Name Start Date
Mark Lin 12-23-2020

Management and Organization

Fund Manager Canadian Imperial Bank of Commerce
Advisor CIBC Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar Canadian Imperial Bank of Commerce
Distributor CIBC Securities Inc.
Auditor Ernst & Young LLP, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 2.47%
Management Fee 2.00%
Load No Load
FE Max -
DSC Max -
LL Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.